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    Wednesday, December 19, 2012
    Signifyd Gets $2M For Fraud Prevention
    Palo Alto-based Signifyd said Wednesday that it has raised $2M in a seed funding round, for developing a risk and fraud prevention platform for online e-commerce customers. The funding came from Andreessen Horowitz, Data Collective, IA Ventures, QED Investors, Resolute.VC, Tekton Ventures and other angels. The company, led by Raj Ramanand, said the funding will go towards expanding its engineering team and for product development. The company is focus (More info...)

    posted on Wednesday, December 19, 2012 (More)(Full story)


    LUMO Bodytech Gets $5M
    Palo Alto-based LUMO BodyTech, a developer of sensors, devices, and software which monitors a user's posture to help improve back health and reduce back pain, has raised $5M in a Series A funding round. The round was led by Madrona Venture Group, and also included Innovation Endeavors and Jerry Yang. The firm said the funding will go towards sales, marketing, product development, and engineering. The firm is led by Monisha Perkash, and develops device (More info...)

    posted on Wednesday, December 19, 2012 (More)(Full story)


    FitStar Finds $5M In Funding For Fitness
    San Francisco-based Fitstar said Wednesday that it has raised $5M in a seed funding round, to build a digital health and fitness platform. The funding was led by Google Venturs, and also included Advancit Capital, and FLOODGATE Fund. The firm said it is planning to release its first product, a video-based iPad app, in the first half of 2013. Fitstar is led by Mike Maser, who previously has served at AOL, Electronic Arts and Digg; his co-founder is Dave (More info...)

    posted on Wednesday, December 19, 2012 (More)(Full story)


    Riverbed Closes OPNET Buy
    San Francisco-based Riverbed said Tuesday that it has completed its acquisition of OPNET Technologies, which develops application and network performance tools. The deal was originally announced in October, and is worth approximately $1 billion. Riverbed said it would merge its Cascade business unit and OPNET into a new Riverbed Performance Management business unit, led by General Manager Paul Brady. Riverbed had been led by Jerry Kennelly.

    posted on Wednesday, December 19, 2012(Full story)


    Dropbox Buys Snapjoy
    San Francisco-based Dropbox has acquired Snapjoy, the developer of software which lets users browse and manage the photos they have posted across different photo services. Financial terms of the buy were not disclosed. Snapjoy said that, with the acquisition, the company will no longer be accepting new signups, although it will continue to make users' photos available. Snapjoy's service let users manage Insta (More info...)

    posted on Wednesday, December 19, 2012(Full story)


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